Another term that means the same thing as "insurance company"is:
A."insurance agent"
B."insurance broker"
C."the insurer"
D."the insured"
I got b.
I think the best answer is C. The insurer is the company that insures the home owner.
Oh ok ill besure to reread it. Thank you :)
i got c too and got it right ms sue
Good job! The correct answer is B. "insurance broker."
To arrive at that answer, you can start by understanding the basic terms involved in insurance. An insurance company is an organization that provides insurance services and coverage to individuals or businesses. This company assumes the financial responsibility for any potential losses or damages incurred by the insured party.
An insurance agent is a representative who sells insurance policies on behalf of an insurance company. They act as a middleman between the insurer (insurance company) and the insured (person or entity purchasing the policy). However, an insurance agent is not the same as an insurance company, so A is not the correct answer.
"The insurer" refers specifically to the insurance company that provides the coverage. The insurer assumes the risk and financial responsibility for potential losses. So C is also an appropriate term for an insurance company.
"The insured" refers to the individual or entity that purchases an insurance policy and is protected by the coverage. They pay premiums to the insurance company in exchange for the protection offered by the policy, so D is not the correct answer.
The correct answer, B, is "insurance broker." An insurance broker is a professional who acts as an intermediary between the insured and the insurance company. They help individuals or businesses find suitable insurance policies by presenting options from different insurance companies. Brokers work in the best interest of their clients and are not tied to any specific insurance company.